M&A Deal Summary

Honeywell Acquires Baker Electronics

On January 7, 2003, Honeywell acquired aerospace company Baker Electronics

Acquisition Highlights
  • This is Honeywell’s 3rd transaction in the Aerospace sector.
  • This is Honeywell’s 11th transaction in the United States.
  • This is Honeywell’s 1st transaction in Florida.

M&A Deal Summary

Date 2003-01-07
Target Baker Electronics
Sector Aerospace
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

Baker Electronics

Sarasota, Florida, United States
Baker Electronics, Inc. is a supplier of aircraft cabin management systems.

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Buyer(S) 1

Buyer

Honeywell

Charlotte, North Carolina, United States

Category Company
Founded 1885
Sector Diversified
Employees102,000
Revenue 38.5B USD (2024)
DESCRIPTION
Honeywell office in Hyderabad, India.
Honeywell office in Hyderabad, India.

Honeywell is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Honeywell was founded in 1885 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 12 of 88
Sector: Aerospace M&A 3 of 7
Type: Add-on Acquisition M&A Deals 6 of 65
State: Florida M&A 1 of 4
Country: United States M&A 11 of 59
Year: 2003 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Silent Witness Enterprises

Surrey, British Columbia, Canada

Buy $58M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-02-12 Sensotec

Columbus, Ohio, United States

Sensotec, Inc. is a supplier of sensors for measuring pressure, torque, load, temperature, force, acceleration and displacement. These products are used extensively in test and measurement applications in the automotive, oil and gas, aviation, semiconductor, industrial and medical industries.

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